Rareview Dynamic Fixed Income ETF (BATS:RDFI) Announces $0.16 Monthly Dividend

Rareview Dynamic Fixed Income ETF (BATS:RDFI – Get Free Report) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Wednesday, September 2nd will be given a dividend of 0.1595 per share on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date is Wednesday, September 2nd.

Rareview Dynamic Fixed Income ETF Price Performance

RDFI stock traded down $0.30 during midday trading on Wednesday, reaching $22.89. 6,202 shares of the company’s stock traded hands, compared to its average volume of 15,182. The company has a market capitalization of $48.30 million, a P/E ratio of 22.64 and a beta of 0.50. Rareview Dynamic Fixed Income ETF has a fifty-two week low of $22.51 and a fifty-two week high of $25.61. The business has a 50-day moving average price of $23.48 and a two-hundred day moving average price of $23.55.

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About Rareview Dynamic Fixed Income ETF

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The Rareview Dynamic Fixed Income ETF (RDFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is a fund-of-funds that actively selects a broad array of global fixed income closed-end funds. RDFI was launched on Oct 21, 2020 and is managed by Rareview Funds.

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